2024-11-18 11:33:57
Author: Haitong International / 2023-07-23 23:21 / Source: Haitong International

Haitong International Private Wealth Management Launches Global Family Office Business

HONG KONG,Aug. 17,2021 -- Haitong International Securities Group Limited ("Haitong International"; 665.HK) Private Wealth Management ("PWM") today announced the launch of its Global Family Office ("GFO") business and appointment of Roger Teow,a private banking veteran,as Asia Head of GFO and Singapore Head of PWM business.

Haitong International's GFObusiness,under the purview of the PWM team,will serve as a hub connecting various businesses of the groupincludingPWM,corporate finance,asset management and researchetc.in order to providea full suite of comprehensive bespoke solutionsmeeting both the family and corporate side of needs for the different types of family offices owned by entrepreneurs.The GFO business is well-positioned to fulfill the investment and financing needs of family businesses throughout the lifecycle,and assist entrepreneur families to achieve wealth growth,as well as protect and preserve the family's sustainable development and long-term legacy.

Specifically,the GFO solutions will cover bespoke family solutionssuch as wealth inheritanceplanning,core asset management,capital preservation and growthof liquidassets,investment advisoryand discretionary portfolio management. While corporate solutionswill entailcorporate financing,long and short term investment services,and diversified financial products based on clients' individual needs.

Sean Chen,Managing Director and Executive Committee Member at Haitong International,said,"The launch of the GFO business is another key milestone for the development of Haitong International PWM,and also embodies the Group's long-term commitment to offering quality private wealth management services on par with global standards. Through the GFO set up,we will leverage on our global service network and professional teams to furtherdriveour 'One Group' synergy,with the goal ofhelpingclients realize their wealth management and life aspirations."

Teow,a veteran private banker with extensive hands-onmanagement experience in the industry,will lead the GFObusiness in Asia. Prior to joining Haitong International,Teow served asthe Ultra High Net Worth Relationship Manager at Julius Baer,and Executive Director of Investment Products and Servicesat UBS Wealth Management,in which he wasthe Head of Investment Funds,Hedge Funds and Private Equities and led the team in sales and portfolio advisory across multiple asset classes.


Teow said,"Haitong International's leading edgein investment banking,combined with its comprehensive financial service platformand in-depth understanding of the needs of entrepreneurs have all contributed to a strong foundation in favor of the development of its family office business. With 'Clients First' at the core,our GFO business will provide innovative and customized solutions for our clients,and assist them in achieving their wealth creation,preservation,and succession goals."

About Haitong International PWM

Haitong International PWM endeavors to create extraordinary value for clients and positions itself as "the private wealth manager for entrepreneurs". Leveraging on its diversified financial service platform and quality resources across its global network,Haitong International PWM offers one-stop services for High Net Worth and Ultra High Net Worth clients including investment and financing solutions that fulfill client's individual,family or business needs,and wealth planning services.

Disclaimer

We,Haitong International Securities Group Limited ("Haitong International" or "HTI") have prepared this document/presentation ("Document") for information purpose only and for restricted circulation. We have based this Document on our internal information and information available to the public from sources we believe to be reliable. While we have taken all reasonable care in preparing this Document,we do not represent the information contained in this Document is accurate or complete and we accept no responsibility for errors of fact or for any opinion expressed in this Document.

Opinions,projections and estimates reflect our assessments as of the Document date and are subject to change. We have no obligation to notify you or anyone of any such change. You must make your own independent judgment with respect to any matter contained in this Document. Neither we nor any of our affiliates or our respective directors,officers or employees will be responsible for any losses or damages which any person may suffer or incur as a result of relying upon anything stated or omitted from this Document. This Document does not create any legally binding obligations on us and/or our affiliates.

Nothing contained in this Document is intended to constitute legal,tax,securities or investment advice of any product. No information contained in this Document constitutes an offer,or a solicitation to buy or sell any product of any type or to engage in any other transaction. You should not act or refrain from acting on the basis of any content included in this Document without seeking your own professional or investment advice. This disclaimer is available in both English and Chinese,if there is any discrepancy between the two versions,the English version shall apply and prevail.

Haitong International Securities Group Limited

(Incorporated in Bermuda with limited liability)

Haitong International Securities Group Limited ("Haitong International"; Stock Code: 665.HK),together with its subsidiaries,is an international financial institution with established presence in Hong Kong and a rapidly expanding network across the globe. It strives to serve as a bridge linking up the Chinese and overseas capital markets. The parent company of Haitong International is Haitong SecuritiesCo. Ltd ("Haitong Securities",Stock Code: 600837.SH; 6837.HK).

To date,Haitong International has well positioned to serve about 200,000 corporate,institutional,as well as retail and high-net worth clients worldwide. Its well-established financial services platform provides corporate finance,wealth management,asset management,institutional clients (key businesses include fixed income,currency and commodities (FICC),derivatives,institutional equities) and investments business,and a full spectrum of financial products and services. Haitong International possesses a sound risk management system that is in line with international standards. The company has been assigned a "Baa2" long-term issuer rating by Moody's and a "BBB" long-term credit rating by Standard and Poor's. Haitong International has a global financial servicing network covering the world's major capital markets including Hong Kong,Singapore,New York,London,Tokyo,Mumbai and Sydney,thereby making it to be a leading global financial institution with international competitiveness,systematic importance and brand influence.

Tags: Banking/Financial Service

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